RE:RE:RE:Close Caribou & Reverse Split"Why not leave the zinc in the bank and wait for higher prices?"
These ARE the higher prices for which Trevali was created to take advantage of IN THIS CYCLE.
Your point is taken--Caribou isn't profitable or just marginally so. Mark Cruise assembled the Trevali assets. He is being replaced by an operations type who can do what he couldn't--make them profitable in this cycle.
Zinc was 0.80/Lb when Caribou came on line. At that time Zinc price nirvana, a wet dream, was today's zinc 1.23. It hasn't worked out.